AMTD Digital Inc. Sponsored ADR

HKD Technology Software Application

AMTD Digital Inc. Sponsored ADR’s revenue for fiscal 2025 (year ended October 2025) was $50.1 million, up 119.5% from fiscal 2024.

1.68 0.01 +0.60%
Market cap
$329.0M
P/E
—
Fwd P/E
—
Dividend yield
—
F-score
5/9
Altman Z
2.18
Beneish M
8.60
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 3.23%

Capital & Financial Ratios $m

Market Cap 329.02
Revenue —
Net Income 173.91
Free Cash Flow 55.26
Net Debt 205.77
Current Ratio 1.92 (at or above 1.5: strong)
Debt/Equity 0.43 (at or below 0.5: strong)
P/E ratio —
Fwd P/E —
P/S ratio 0.00
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next Y revenue growth —
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2022 2023 2024 2025
Cash 16 163 74 54
Receivables 363 144 11 267
Inventory — — — —
Other — — — —
379 320 85 321
2022 2023 2024 2025
Payables 0 0 2 5
ST’ Debt — 66 83 83
Other 6 64 65 65
14 140 163 167

Compound Annual Growth %

10y 5y 3y
Sales — 14.65% 14.83%
Cash Flow — 7.00% (2.45%)
Earnings — 14.75% 9.44%
Book Value — 8.83% 5.02%

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 50
’24 — — — — 23
’23 — — — — 33
’23 — — — — 33
’22 — — — — 25
’21 — — — — 25
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jan Apr Jul Oct Year
’26 — — — — —
’25 — — — — 14
’24 — — — — 4
’23 — — — — 16
’23 — — — — 16
’22 — — — — 10
’21 — — — — 10
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jan Apr Jul Oct Year
’26 — — — — —
’25 — — — 14 14
’24 — — — 4 4
’23 — — — 21 15
’23 — 15 — — 15
’22 — 10 — — 10
’21 — — — — 10
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 0.44
’24 — — — — 0.22
’23 — — — — 0.22
’22 — — — — 0.15
’21 — — — — 0.16
’21 — — — — 0.12
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to October

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — 9.50 3.67 2.55 1.26

Analyst estimates 2026–2028

Powerpack
High — — — — — — 2,555.30 37.72 5.80 5.47
People
People Employees — — — — — 51 50 199 196 166
Revenue/emp, $m — — — 0.00 0.00 0.00 0.51 0.00 0.12 0.30
Income, $m
Income, $m Revenue — — — 2 25 25 25 33 23 50
Gross margin, % — — — 0.00 100.00 100.00 100.00 100.00 63.48 59.52
EBT — — — 3 29 29 29 45 42 99
EBT margin, % — — — 152.19 114.24 114.24 114.24 136.99 186.11 197.07
Net income — — — 2 0 29 29 0 42 99
Depreciation — — — — — 1 1 1 6 9
Per share, $
Per share, $ Revenue — — — 0.07 0.00 0.15 0.15 0.18 0.12 0.16
Earnings — — — 0.06 0.48 0.16 0.15 0.22 0.22 0.44
Cash flow — — — 0.12 1.00 0.06 0.06 0.08 0.02 0.05
Capex — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Free cash flow — — — 0.12 1.00 0.06 0.06 0.08 0.02 0.05
Book value — — — 0.44 0.00 2.34 2.34 2.04 0.83 1.95
Shares, m — — — 27 27 169 169 185 192 309
Valuation, ×
Valuation, × P/E — — — — — — — — — —
P/S — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/B — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EV/Sales — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EV/FCF — — — 0.00 0.00 0.00 0.00 (1.52) 3.59 3.72
Cash, $m
Cash, $m Operating cash flow — — — 3 27 10 10 16 4 14
Capex — — — — — 0 0 0 0 0
Free cash flow — — — 3 27 10 10 15 4 14
Balance, $m
Balance, $m Working capital — — — (8) 368 366 366 291 (78) 154
Total debt — — — — — — — 66 258 260
Net debt — — — (43) (16) (16) (16) (76) 184 206
Shareholders’ equity — — — 12 398 395 395 378 159 604
Returns, %
Returns, % ROA — — — 0.00 6.27 6.67 6.70 7.01 8.54 7.50
ROIC — — — 0.00 1.71 1.72 1.72 3.08 (0.34) 0.01
ROE — — — 0.00 23.50 11.74 6.92 9.35 16.55 14.35
Negative figures in brackets.

All 10 years →

Fiscal years to Oct 2025

Charts ten years each

AMTD Digital Inc. Sponsored ADR vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
YB Yuanbao Inc. - Sponsored ADR $358.7M 2.4× — +37.38% (above 0%: growing) +14.26% (above 0%: growing) — 92.98% 32.39% Compare
QH Quhuo Limited Sponsored ADR $356.9M — (loss-making) 9.1× +63.08% (above 0%: growing) n/m +67.69% (above 0%: growing) 3.85% 0.00% Compare
API Agora, Inc. Sponsored ADR $335.1M 48.0× 33.2× +17.98% (above 0%: growing) +89.87% (above 0%: growing) −94.80% (below 0%: shrinking) 63.67% (2.36%) Compare
HKD AMTD Digital Inc. Sponsored ADR $329.0M — — — — +39.75% (above 0%: growing) 0.00% 0.00%
PLTS Platinum Analytics Cayman Limited $316.1M — — — — — — — Compare
LAW CS Disco, Inc. $304.5M — (loss-making) — (loss-making) +13.23% (above 0%: growing) n/m +57.21% (above 0%: growing) 74.43% (21.36%) Compare
CURR Currenc Group Inc. $299.8M — (loss-making) — (loss-making) −21.81% (below 0%: shrinking) n/m +36.06% (above 0%: growing) 42.74% (46.55%) Compare
EGHT 8x8 Inc $299.0M 54.5× 126× +4.86% (above 0%: growing) n/m +89.29% (above 0%: growing) 61.19% 2.30% Compare
GLOO Gloo Holdings, Inc. $298.4M — (loss-making) — (loss-making) +187.97% (above 0%: growing) n/m +49.40% (above 0%: growing) 36.02% (44.02%) Compare
Median of peers $310.3M 48.0× 33.2× +17.98% — +53.31% 61.19% (2.36%)

All 237 Software Application stocks →

AMTD Digital Inc. Sponsored ADR (HKD) key facts

  • Strength: AMTD Digital Inc. Sponsored ADR’s revenue for fiscal 2025 (year ended October 2025) was $50.1 million, up 119.5% from fiscal 2024.
  • AMTD Digital Inc. Sponsored ADR (HKD) is a Software Application company in the Technology sector, traded in the US as an ADR.
  • As of October 16, 2026, HKD traded at $1.68, a market capitalization of $329.0 million.
  • Return on equity was 14.4% and debt-to-equity 0.43.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 2.18 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

AMTD Digital Inc. Sponsored ADR (HKD) Latest News

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